Cummins Inc. DATA ANALYST - RISK INSURANCE in Pune, India
DATA ANALYST - RISK INSURANCE
Supports Risk Insurance activities through development and coordination of all aspects of the company’s global insurance system and database, Risk Console; responsible for system administration; manages system upgrades, changes and implementation of new functionality with external software vendor.
Participates in the development of Risk Console system design and utilization.
Manages vendor statement of work, contract and vendor performance scorecard; acts as the key liaison between software vendor and Cummins.
Develops annual work plan to support key initiatives through on-going management and development of Risk Console including annual risk insurance renewal/ procurement for all insurance coverage lines and premium allocation.
Serves as functional application expert for system configuration; provides first line system support to internal users regarding functional system issues/ questions, user access management, query and report development, and data extraction.
Acts as the key liaison for vendor technical support and system issue resolution.
Leads system change and upgrade implementations required to support changing key risk initiatives including implementation of new functionality/ modules; provides structured project management leadership to support system change activities; documents functional requirements; develops and executes test and training plans.
Creates and manages data loads between multiple vendor applications ensuring data integrity and accuracy; develops and executes a data load monitoring process with vendor.
Develops and implements a data integrity monitoring plan with various source application owners; audits and reports periodic data integrity status.
Defines and implements data analytics and dashboarding capabilities for global Risk team.
Develops and maintains training documentation; owns and maintains help desk Remedy/ ticket process.
Performs annual Total Cost of Risk (TCOR) development and reporting.
Manages Sarbanes-Oxley Information Technology compliance reviews.
Supports all Risk Insurance system requirements and applications.
Systems Governance - Evaluates finance system controls to ensure compliance with company policies and processes; evaluates system access by reviewing security requirements to ensure appropriate data confidentiality; assesses system access by reviewing change requests to determine impact and mitigate risks.
Manages ambiguity - Operating effectively, even when things are not certain or the way forward is not clear.
Collaborates - Building partnerships and working collaboratively with others to meet shared objectives.
Communicates effectively - Developing and delivering multi-mode communications that convey a clear understanding of the unique needs of different audiences.
Resourcefulness - Securing and deploying resources effectively and efficiently.
Drives results - Consistently achieving results, even under tough circumstances.
Optimizes work processes - Knowing the most effective and efficient processes to get things done, with a focus on continuous improvement.
Project Management - Establishes and maintains the balance of scope, schedule and resources for a temporary effort (a "project").
Data Quality - Identifies, understands and corrects flaws in data that supports effective information governance across operational business processes and decision making.
Supplier Relationship Management - Manages strategic supplier using agreed process with established work plan, senior sponsor meetings, and scorecards; defines and evaluates a collaborative relationship with a Category Partners List supplier to deliver value to Cummins and the supplier.
Business Analysis Planning - Identifies the activities needed to conduct business analysis considering the five business aspects, level of detail, and approach for eliciting requirements to plan for resources and techniques to document the business needs and solution characteristics.
Insurance Acumen - Leverages insurance and claims processes including type of exposure data required to support Risk Insurance placements and mitigation efforts.
Education, Licenses, Certifications
College, university or equivalent degree required.
PMP certification preferred.
Intermediate level of relevant professional work experience in the field of study required.
Develops and documents standard work processes in support of insurance renewals: Property, Casualty and Executive lines Control Master Programs. Engages US Global Risk staff, Regional Risk Managers, brokers, and other stakeholders to support as required. Lead RMIS training within Risk Insurance team. Supporting Regional Risk Managers - provide customized analytics to engage ABO leadership teams focused on exposure, cost-saving opportunities, risk profile improvement and quality of data. Similarly, provide data-led insights to US global staff to support project specific, and overall risk mitigation and continuous improvement activities.
Actively participate in industry and application specific webinars, conferences, and other events.
Support the development and execution of short and long-term risk insurance strategy by providing data-led insights consistent with improving CMI risk management profile.
Prior system administrator or support experience
Self-starter with ability to work as part of global team, as well as independently
Strong verbal and written communication skills
Organized, with commitment to continuous improvement – quality and consistency.
Desirable, but not essential :-
Insurance renewal management – replace ‘identifies’ with ‘quantifies risk exposure’
Primary Location India-Maharashtra-Pune-India, Pune, IOC Tower A
Job Type Experienced - Exempt / Office
Recruitment Job Type Exempt - Experienced
Job Posting Sep 27, 2023, 2:04:45 AM
Unposting Date Ongoing
Role Category Hybrid - Potential for Partial Remote
Relocation Package Eligible
Req ID: 230008W2